TOUGH TIMES FOR MONEY CHANGERS

MONEY changers in the country are finding the going tough
following the ban on mobile money agent lines and the introduction of daily
transaction limits.

The Reserve Bank of Zimbabwe (RBZ) recently banned mobile
money agent lines as well and set $…

MONEY changers in the country are finding the going tough following the ban on mobile money agent lines and the introduction of daily transaction limits. The Reserve Bank of Zimbabwe (RBZ) recently banned mobile money agent lines as well and set $5 000 as the cap for daily transactions for individuals. The central bank also introduced a policy that limits mobile wallet users to only one